New - 36 minutes on Rocket
$10,000 Closing Credit¹
Charles M Levine, Listing Office: LoKation
Palm Beach County Housing Market Report December 2024•Palm Beach County, Florida
Housing Prices in Palm Beach County, FL
How much do homes in Palm Beach County, FL cost?
Housing Market Conditions
Is Palm Beach County, FL a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Palm Beach County is a Buyer's Market
Difference Since December 2023
At the same time last year, Palm Beach County was a Seller's Market.
Insight
Palm Beach County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
$500,445$300/SqFt
+$39,304
+8.5%
Based on all homes sold in the last 12 months
Insight
Homes in Palm Beach County have sold for 8.5% more than they did a year ago.
Summary: The median home sold price in Palm Beach County was $500,445 in December 2024, up 8.5% from last year, and the median price per square foot was $300.
Median Sold Price By City
| City | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| Okeechobee County | $252.1K | $274.9K | +9.1% |
| Palm Beach County | $461.1K | $500.4K | +8.5% |
| Broward County | $418.7K | $450K | +7.5% |
| Martin County | $468K | $480.4K | +2.7% |
| Hendry County | $311.6K | $303.5K | -2.6% |
Median Sold Price By Bedrooms
| Beds | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $149K | $149.9K | +0.7% |
| 22 Bedrooms | $303.7K | $309.8K | +2.0% |
| 33 Bedrooms | $524.7K | $550K | +4.8% |
| 44 Bedrooms | $774.7K | $823.5K | +6.3% |
| 55+ Bedrooms | $1.3M | $1.5M | +12.5% |
Summary: Palm Beach County housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes increased by +0.7%. The home price for 2 bedroom homes increased by +2.0%. The home price for 3 bedroom homes increased by +4.8%. The home price for 4 bedroom homes increased by +6.3%. The home price for 5 bedroom homes increased by +12.5%.
Housing supply in Palm Beach County, FL
How many homes are available in Palm Beach County, FL?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 14,679Last MonthDec 2024 | ||
| 13,7292 months agoNov 2024 | +6.9 % Change MoMNov – Dec |
Summary: The Palm Beach County real estate market had 14,679 homes for sale in Dec 2024, a 6.9 % increase compared to Nov 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 1,369Last MonthDec 2024 | ||
| 1,3022 months agoNov 2024 | +5.1 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 1,123 | 1,257 | +11.9% |
| 22 Bedrooms | 5,167 | 5,559 | +7.6% |
| 33 Bedrooms | 4,467 | 4,769 | +6.8% |
| 44 Bedrooms | 1,756 | 1,789 | +1.9% |
| 55+ Bedrooms | 1,216 | 1,305 | +7.3% |
Summary: Palm Beach County housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes increased by +11.9%. The inventory for 2 bedroom homes increased by +7.6%. The inventory for 3 bedroom homes increased by +6.8%. The inventory for 4 bedroom homes increased by +1.9%. The inventory for 5 bedroom homes increased by +7.3%.
Asking Price vs. Sold Price
How much do homes in Palm Beach County, FL cost?
Over Asking Price76 Homes
At Asking Price158 Homes
Under Asking Price1,135 Homes
Insight
If you're buying a home in Palm Beach County, you may be able to get a good deal. 82.9% of homes here sold below asking price last month.
Summary: A total of 1,369 homes were sold or pending in Palm Beach County in December 2024, up by 5.1% month-over-month. Of the 1369 sold homes, 83% were sold under asking, 12% were sold at asking, and and 6% were sold over asking.
Days on Market for Palm Beach County, FL
How long does it take to sell a home in Palm Beach County, FL?
Breakdown of Home Sale Times
Under 30 Days540 Homes
30 – 90 Days454 Homes
Over 90 Days375 Homes
Insight
Many homes in Palm Beach County are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 1369 homes were sold in Palm Beach County; 39% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 67 DaysThis YearDec 2024 | ||
| 45 Days1 year agoDec 2023 | +49.7 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Palm Beach County had an average listing age of 67 days in Dec 2024, up by 49.7% compared to the previous year.
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Newest Listings in Palm Beach County, FL
What homes are available in Palm Beach County, FL?
New - 40 minutes on Rocket
Ashley Barbaree, Listing Office: Sutter & Nugent LLC
New - 45 minutes on Rocket
Stewart F Denholtz, Listing Office: Platinum Properties/The Keyes
New - 1 hour on Rocket3D tour
$10,000 Closing Credit¹
Nadereh Rezaie, Listing Office: Keller Williams Realty - Welli
New - 1 hour on Rocket
$2,138 Closing Credit¹
Fiona Barone, Listing Office: EXP Realty LLC
New - 1 hour on RocketVideo tour
$4,738 Closing Credit¹
Alena Pisani, Listing Office: Douglas Elliman
New - 1 hour on Rocket
$1,900 Closing Credit¹
Adianelys Martin, Listing Office: Goldbay Realty Inc
New - 1 hour on RocketVideo tour
$2,725 Closing Credit¹
Michael Lenis, Listing Office: Liaison Real Estate Group, LLC.
New - 1 hour on Rocket
$1,364 Closing Credit¹
Steven R Morrow, Listing Office: Signature International RE
New - 2 hours on Rocket
$1,959 Closing Credit¹
David M. Fleishman, Listing Office: Current Properties
New - 2 hours on Rocket
$2,316 Closing Credit¹
Alison Cardeno, Listing Office: Partnership Realty Inc.
New - 2 hours on Rocket
Jared Seligman, Listing Office: The Corcoran Group
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MLS Disclaimers and Copyright
Based on information from Beaches MLS, Miami MLS, Stellar MLS, Space Coast MLS, and Florida Gulf Coast MLS for the period 01/01/2023 - 01/01/2025
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2025 BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 10:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
© 2025 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 10:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Listings courtesy of Stellar MLS as distributed by MLS GRID.All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 10:19:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Copyright © 2025 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 10:21:06 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
The data relating to real estate for sale on this website comes in part from the Southwest Florida Multiple Listing Service. The information being provided is for consumers` personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information has not been verified, is not guaranteed, and is subject to change. Real estate listings held by other brokerage firms other are marked with the IDX logo and detailed information about them includes the name of the listing brokers.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 10:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.